Vietnam property investment

Developers are sniffing out investment opportunities in a slew of property projects in Vietnam Photo: Le Toan According to Yamaguchi Masakazu, chief representative of Creed Group in Vietnam, the Vietnamese economy has seen very positive growth and this is a stable foundation for the property market to take off, with especially high demand in the affordable residential and high-end office for lease segments. Last week, Creed and Vietnam’s An Gia Real Estate Development and Investment JSC announced the newest project named Signial – a residential apartment project in District 7 of Ho Chi Minh City. In 2016, Creed, which has invested over $200 million in Vietnam so far, worked with An Gia to buy two blocks of the Lacasa project to develop the Angia Riverside and Angia Skyline in District 7. The group has also co-operated with Phat Dat Real Estate Development JSC to resume the River City project with 4,000 apartments in Ho Chi Minh City. “I do believe Vietnam will … [Read more...] about Foreign funds ravenous for property investment

Representatives from Emperor Key and Gamuda Land Vietnam pose for a photo after signing co-operation agreement. — VNS Photo Emperor Key from Hong Kong will be in charge of investing, trading and developing real estate projects being financed by Gamuda Land Vietnam. This decision followed a strategic co-operation agreement signed between the two companies on Friday in the capital. It will help enhance bilateral partnership between the two companies in order to utilise each other’s strengths through joint co-operation projects, Gamuda Land Vietnam said in a statement. “The agreement will enable Emperor Key to offer consultation in realty product development and property after-sales follow up as well marketing and communication strategies for real estate projects under the ‘Gamuda Land Vietnam’ brand in Hong Kong, Shanghai, Japan and Thailand,” it said. In his speech at the event, Tan Khai Lock, General Director of Gamuda Land Vietnam, stressed that … [Read more...] about Hong Kong Vietnam property deal signed

Pham Lam, the CEO of real estate firm DKRA, told VnExpress that developers from mainland China, Hong Kong, Japan, S.Korea, and Malaysia have been “very active” in the Vietnamese market for the last three to five years. Last May Singapore giant, CapitaLand, launched its newest mid- and high-priced residential project in Ho Chi Minh City, De La SOL. The development, scheduled for completion in the last quarter of 2020, is CapitaLand’s 12th in Vietnam. Hong Kong newspaper South China Morning Post quoted the company as saying Vietnam was its third core market after Singapore and China. Last year, Japanese investors Nishi Nippon Railroad and Hankyu Realty hooked up with a local property firm to develop a residential project with total investment of $350 million in Ho Chi Minh City. Half of the funding came from the two Japanese firms, while the rest was put up by their local partner. Chen Lian Pang, CEO of CapitaLand Vietnam, compared HCMC to Shanghai’s Pudong area … [Read more...] about Asian developers find booming Vietnam property market irresistible

By PR Newswire &nbspSeptember 1, 2018 | 11:16 am GMT+7 A building under construction in Hanoi, Vietnam. Photo by VnExpress/Dat Nguyen Vietnam is among the top ten major makets that receive the most attention from Chinese belt and road property investors, according to a recent report. On August 31, 2018, Uoolu, the leading platform for cross-border real estate transactions in China, released the "Uoolu 2018 Ten Countries on Belt and Road Property Investment Data Report." The "Belt and Road Initiative" was proposed by the Chinese government in 2013 in order to strengthen the relationship with surrounding Asian countries. Since then, there has been frequent activity between China and other Asian countries in terms of property investment. In the report, Uoolu selected eight countries in Southeast Asia including Vietnam and two countries in the Middle East along the Belt and Road based on the Cooperative Development Index to assess the investment risk in the Belt and … [Read more...] about Vietnam in top 10 countries on belt and road property investment

Gamuda Land has been successfully received three big prizes for its contribution to the society at the PropertyGuru Vietnam Property Awards 2018. Those are the Special Recognition in Sustainable Development, Special Recognition in CSR and Special Recognition for Building Communities. The company has also won the Best Mixed Use Landscape Architectural Design for its complex project Celadon City in Ho Chi Minh City. Gamuda Land was honoured with eight categories at the PropertyGuru Vietnam Property Awards 2018 The PropertyGuru Vietnam Property Awards 2018 is the convergence of the best and most dynamic real estate developers in Vietnam. This year's awards ceremony took place on June 22, at the InterContinental Saigon Hotel with the participation of 500 guests and journalists. As a leading real estate developer from Malaysia, Gamuda Land has been named in eight categories, from social activities to projects’ quality. Representatives of Gamuda Land take a photo with … [Read more...] about Gamuda Land honoured eight categories at the PropertyGuru Vietnam Property Awards 2018

Malaysia's Gamuda Land has been successfully received three big prizes for its contribution to the society at the PropertyGuru Vietnam Property Awards 2018. Those are the Special Recognition in Sustainable Development, Special Recognition in CSR and Special Recognition for Building Communities. The company has also won the Best Mixed Use Landscape Architectural Design for its complex project Celadon City in Ho Chi Minh City. Gamuda Land received eight categories at the PropertyGuru Vietnam Property Awards 2018 The PropertyGuru Vietnam Property Awards 2018 is the convergence of the best and most dynamic real estate developers and investors in Vietnam. This year's awards ceremony took place on June 22, at the InterContinental Saigon Hotel with the participation of 500 guests and journalists. As a leading real estate developer and investor from Malaysia, Gamuda Land has been named in eight categories, from social activities to urban quality. Representatives of Gamuda Land … [Read more...] about Gamuda Land received eight categories at the PropertyGuru Vietnam Property Awards 2018

In the first five months of this year, the registered capital of newly licensed real estate projects reached US$623.3 million. Including the registered capital of licensed projects from previous years, foreign direct investment (FDI) in real estate business in Vietnam reached $806.5 million, according to the General Statistics Office. Foreign investors often invest in Vietnam property in three main ways including capital contribution, share purchase and capital investment loans.-Photo tapchitaichinh.vn Foreign investors often invest in Vietnam property in three main ways: capital contributions, share purchase and capital investment loans. Most of these investors choose the high-end real estate segment when entering the Vietnamese market because in this segment, they have the biggest advantage. According to many experts, foreign enterprises often come from more developed real estate markets, so they have more experience in the design, development and operation of high-end real … [Read more...] about $800m pours into Vietnam property

Recycled building materials struggle for development 21:00 | 20/03/2018 Traditional natural building materials are being gradually depleted and have shown great limitations, while the development of new and artificial types of building materials has ... Greening out real estate projects 16:56 | 20/03/2018 Developers in Ho Chi Minh City are trying to realise the dream of greening out their real estate projects. Green buildings An indispensable trend 15:53 | 15/03/2018 Green building has become a growing trend worldwide and real estate developers in Vietnam have begun to pay heed. Property sales in Industry 4.0 era 21:00 | 13/03/2018 Applying advanced technology is not only helping real estate buyers and sellers to … [Read more...] about Vietnam Property Outlook 2017

Middle-Income Market Drives InvestmentReported by Tu TamMore real estate developers and investors have adjusted their targets to middle income consumers whose increasing demand now looks more practical, while the market for high-end projects are saturated. The Weekly had a talk with Louis Nguyen, CEO of Saigon Asset Management (SAM) over the issue, after SAM’s Vietnam Property Holding recently announced a US$5 million investment in Century 21 Joint Stock Company (C21). Excerpts: Q: The real estate market did not have a good performance in 2010. How did Vietnam Property Holding (VPH) perform in that gloomy market? A: Although 2010 was a challenging year for the real estate market, VPH managed to make a decent return of investment at around 10%. Real estate investment is usually long term and valuations of real estate are not as volatile as the stock market. We were pleased the fund was able to stay positive in an ugly market. What is your view for 2011?It depends on what sector of … [Read more...] about Middle-Income Market Drives Investment

Foreign investors confident in local property marketBy Thoa Nguyen - The Saigon Times DailyPeter Ryder, CEO of Indochina Capital, stated the challenges for local property enterprises are the opportunities for foreign investors to develop further.At a recent press conference, Ryder said supply has exceeded demand in all segments of the local property market. Still, the purchasing power remained strong. The key problem is the competitiveness of the project. Those with good locations, designs and prices can attract buyers even in tough, he said.Citing Indochina Land as an example, the subsidiary company of Indochina Capital operating in property investment and business recorded the total sales revenue of US$250 million in the past five years. In 2011 alone, the revenue is over US$40 million.Therefore, despite the local property market slowdown with strong decline in revenue, Indochina Land maintained its selling power on the market, especially in Hanoi. In particular, 280 of the total 386 … [Read more...] about Foreign investors confident in local property market